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Strategies & Market Trends : Waiting for the big Kahuna
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To: blitzfund who wrote (80322)7/4/2008 10:37:35 AM
From: Kailash  Read Replies (1) of 94695
 
If we bounce on Monday, it will be purely technical -- the unemployment report yesterday should have sent the markets tumbling. The situation is sufficiently extreme to warrant a further increase in the short-term oversold position, or else an anemic bounce. I prefer the fireworks variety.
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